PEX 4.17% 11.5¢ peel mining limited

35c - is the what the market is valuing all our assets....I am...

  1. 936 Posts.
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    35c - is the what the market is valuing all our assets....I am guessing it might be 60c but then there is the Rob discount that needs to be taken into account.....market is stating that they dont believe the CEO can create value and will spend the cash as they have done in the past with no studies etc delivered....there is no other reason that a SP should be sub its net asset backing.


    ROB IT IS NOT ONLY ME THAT IS STATING YOU NEED TO STEP ASIDE THE MARKET VIA THE SP IS STATING THIS CLEARLY.....35c an absolute diabolical disgrace....and yes you are responsible as you need to take responsibility for the poor capital management and the failure to deliver on timelines.


    Do the right thing and let someone else create shareholder value where you have failed.....there is only so much blame you can apportion to commodity prices.

 
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